MIAMI LAKES, Fla.--(BUSINESS WIRE)--Dec. 29, 2014--
BankUnited (NYSE:BKU) has capped another year of extraordinary
performance that includes a jump to third on Forbes Magazine's list of
"Best Banks in America 2015,” up from 8th on the list last year.
In 2014, BankUnited also posted an unbroken string of superior five-star
ratings from the independent bank research firm BauerFinancial that
began with the Florida-based bank’s first evaluation in 2011 and has
continued through the latest December ranking.
Earlier in 2014, BankUnited once again held a top three ranking in two
major national reports: Bank Director magazine’s annual national
survey of the largest U.S. banks in the $5 billion to $50 billion
category and SNL Financial’s list of best performing regional banks.
Phenomenal organic growth continues to fuel BankUnited’s success. For
the nine months ended September 30, 2014, new loans and leases,
including equipment under operating leases, increased by $2.7 billion or
nearly $1 billion per fiscal quarter. In recognition of the bank’s
industry leadership, BankUnited Chairman, President and CEO John Kanas
won the 2014 Ernst & Young Entrepreneur of the Year Award in Florida.
BankUnited continues to generate strong performance relative to its
peers (defined as publicly traded U.S. banks and thrifts with assets
between $10-25 billion and $1-5 billion in market capitalization as
reported by SNL Financial). For the nine months ended September 30,
2014, it reported a return on average equity of 10.5 percent versus a
peer median for the same period of 7.8 percent; a net interest margin of
4.8 percent versus the 3.5 percent peer median and a return on average
assets of 1.3 percent versus a peer median 1.0 percent.
Recent initiatives have included a pilot program of banking center
workshops featuring insights from recognized experts in a variety of
fields aimed at owners of small and mid-sized businesses.
Named the 2014 Community Bank of the Year by the South Florida
Business Journal, BankUnited has 101 branches in 15 Florida
counties. Contributing $198 million to new loan growth for the third
quarter of 2014, BankUnited’s New York franchise continued to grow and
had six banking centers in the New York metropolitan area at September
30, 2014.
For more information about BankUnited please call (877) 779-2265 or
visit www.BankUnited.com.
About BankUnited, N.A.
BankUnited, N.A., a national bank and wholly-owned subsidiary of
BankUnited, Inc. (NYSE: BKU), is headquartered in Miami Lakes, Florida
with 101 branches in 15 Florida counties and six banking centers in the
New York metropolitan area at September 30, 2014. Ranked 3rd on Forbes
Magazine's list of "Best Banks in America 2015," and one of the largest
independent depository institutions headquartered in Florida by assets,
BankUnited provides a wide range of commercial and consumer banking
services. For additional information, call (877) 779-2265 or visit www.BankUnited.com.
BankUnited can be found on Facebook at facebook.com/BankUnited.official
and on Twitter @BankUnited.
Source: BankUnited
BankUnited
Mary Harris, 305-817-8117
MHarris@BankUnited.com
or
Savannah
Whaley, 954-776-1999, x225
swhaley@piersongrant.com
